Lookonchain APP

App Store

CFTC to Host Cryptocurrency CEO Forum to Discuss Digital Asset Market Pilot Program

2025.02.08 00:32:34

On February 8th, as per Fox Business reporter Eleanor Terrett, it is reported that the U.S. Commodity Futures Trading Commission (CFTC) is planning to hold a Chief Executive Officer Forum. The purpose of this forum is to discuss the CFTC's digital asset market pilot program, with a focus on tokenized non-cash collateral like stablecoins. The participants comprise leaders from Circle, Coinbase, Crypto.com, and Ripple. The crypto pilot program and the concept of expanding non-cash collateral through Distributed Ledger Technology were proposed by the current CFTC Acting Chairman Caroline Pham.
Relevant content

A certain ETH whale is suspected to have sold 18,800 ETH in the past week, resulting in a loss of $3.138 million.

January 29 – On-chain analyst Ai Auntie (@ai_9684xtpa) reports a whale address that previously accumulated ETH reportedly sold 18,823.9 ETH (valued at $55.9 million) over the past week, incurring a loss of $3.138 million. In the last 11 hours, the whale has deposited 5,133.91 ETH (worth $15.38 million) into OKX. Their last ETH accumulation occurred on January 22. Since December 5, 2025, this address has amassed a total of 55,262.16 ETH, with a combined value of $172 million and an average cost of roughly $3,120 per ETH.

1 seconds ago

The new project Flying Tulip (FT) will launch on CoinList to kick off its public sale

January 29 – Official sources confirm that Flying Tulip, the unified on-chain financial system founded by Sonic Labs founder Andre Cronje, will launch its token sale on CoinList. The public sale aims to raise $200 million, representing 20% of the total FT token supply (20 billion tokens). The token is priced at $0.10, with a fully diluted valuation (FDV) of $1 billion. The sale runs from 00:00 UTC on February 3 through 21:00 UTC on February 6, with a minimum purchase of $100. Flying Tulip intends to integrate spot trading, lending, perpetual contracts, insurance, and a native stablecoin (ftUSD) into a single protocol framework. Tokens in the sale are protected by a "Perpetual PUT" structure. Participants will receive FT NFTs with redemption rights, enabling them to: hold the NFTs, burn tokens to redeem their original investment amount, or unlock tokens for free trading (forfeiting redemption rights upon unlocking).

1 seconds ago

US Stocks Close Wednesday with Crypto Stocks Down Overall, CRCL Up 4.12% Against the Trend

**January 29 Market Update: U.S. Stocks Mixed, Crypto Stocks Mostly Lower (Bitget Data)** U.S. stocks closed mixed on Wednesday, January 29, per Bitget market data: - Dow Jones Industrial Average: +0.03% - S&P 500: Edged lower - Nasdaq Composite: +0.17% Cryptocurrency-related stocks were predominantly lower, with only two notable gainers: - Circle (CRCL): +4.12% - Bitmine (BMNR): +1.02% Most crypto-linked equities fell, including: - Coinbase (COIN): -0.66% - MicroStrategy (MSTR): -1.94% - Bullish (BLSH): -1.35% - Gemini (GEMI): -0.33% - SharpLink Gaming (SBET): -0.2% - Bit Digital (BTBT): -2.7% - ETHZilla (ETHZ): -3.4% - BTCS Inc (BTCS): -3.28% - ALT5 Sigma (ALTS): -3.2% - American Bitcoin (ABTC): -1.89% - Kindly MD (NAKA): -0.9%

1 seconds ago

Lightning启动LIT Staking Admission Mechanism: LLP Limit Tied to Staking Amount, Uncovered Portion Will Be Gradually Returned

On January 29, Lighter announced via social media a new rule: users must stake LIT tokens to gain access to LLP. For LLP allocations exceeding staked LIT coverage (1 LIT covers 10 USDC), the team will gradually refund the excess to users. Starting tomorrow, daily refunds will cap at the higher of 3% of the uncovered amount or 100 USDC, with funds sent directly to users’ USDC balances. The mechanism aims to better align the interests of LIT stakers and LLP holders. Critically, LLP allocations are now verifiable—rules have been encoded into a zero-knowledge proof (ZK) circuit. In two weeks, traders will be able to use LLP as collateral, a move that will boost Lighter’s capital efficiency and enhance the utility of both LLP and staked LIT.

1 seconds ago

MegaETH will launch on the public mainnet on February 9th.

On January 29, MegaETH officially announced via social media that it will launch its mainnet on February 9.

1 seconds ago

Mizuho Securities Upgrades CRCL Rating to Neutral, Says Polymarket Adoption Will Benefit Circle

On January 29, Mizuho Securities reversed its stance on Circle, upgrading CRCL shares to a "Neutral" rating and lifting its target price to $77. The firm said Wednesday that the surging popularity of prediction market platform Polymarket could push the company’s stock higher. Analysts Dan Dolev and Alexander Jenkins noted: “All bets on Polymarket settle in USDC, meaning Polymarket’s growth will directly fuel USDC’s expansion. We anticipate the forecast market’s momentum will persist through 2026, translating to a rise in USDC’s market value and incremental revenue for Circle.”

1 seconds ago